| A | B |
|---|
| salary | money paid for employee services |
| pay period | the time period covered by a salary payment |
| payroll | total amount earned by all employees for a pay period |
| total earnings | total pay due for a pay period before deductions |
| deduction | amount subtracted from total earnings |
| payroll taxes | taxes based on the payroll of a business |
| withholding allowance | a deduction from total earnings for each person legally supported by a taxpayer |
| Medicare | the federal health insurnce program for people who have reached retirement age |
| FICA tax | a federal tax paid by employees and employers for old age, survivors, disability, and hospitalization |
| net pay | total earnings paid to an employee after payroll taxes and other deducions |
